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PuraPlataPura

Replacing a damaged original mint capsule on a coin

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Hello guys,

I went to my LCS and, to my surprise, they had some kooks on their display. It's a lot of 10 but some have very distinguishable scratches on the capsules. They are willing to give me a good price on kooks so I might be coming back today to get them. My question is. Should I replace the damaged capsules with some after-market ones or should I just leave them in their original mint capsule? I do not plan to hold them for my collection, I would rather flip them.

I also have a 2 oz Proof libertad that has some scratches on the original capsule. Would you guys replace the original or just leave it as is even with some scratches? I know proofs display higher quality than a regular bullion coin, but idk if original packaging is as important for them to keep their value.

Thank you

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2 minutes ago, 999magnum said:

Man, that's a lot of work just to flip 10 kooks imho...

Depends on which years they are!

As long as the coins are fine I'd certainly leave them be myself. I'd rather have imperfect OMP with fine coins than know that they've been changed around in caps etc.

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1 minute ago, kimchi said:

Depends on which years they are!

As long as the coins are fine I'd certainly leave them be myself. I'd rather have imperfect OMP with fine coins than know that they've been changed around in caps etc.

Sure , if they are some of the earlier desirable ones, but somehow I don't think they are or the OP would have mentioned it. Then add more cost on top of it...who knows. Maybe he's getting them half price.

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6 minutes ago, 999magnum said:

Sure , if they are some of the earlier desirable ones, but somehow I don't think they are or the OP would have mentioned it. Then add more cost on top of it...who knows. Maybe he's getting them half price.

True, but I'd rather have an honest-to-goodness fine Kook in a scratched and scuffed original cap than one in a secondary cap myself (that would make me more doubtful of the seller). I'd buy the former but not the latter personally. If he's getting them half price there is absolutely no need to mess around with the caps imvho!

Edited by kimchi

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Serious question. Why do you think people flip small amounts of modern coins for a few dollars profit? to get seller's feedback on ebay maybe? I just don't understand it. It's so much work not to mention a waste of money for $10-$15 profit maybe? I can definitely see selling stuff that you might not need or use. Like a set of clubs or some of my sons games that we sold, but flipping a few modern coins, I just can't see it.

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2 minutes ago, 999magnum said:

Serious question. Why do you think people flip small amounts of modern coins for a few dollars profit? to get seller's feedback on ebay maybe? I just don't understand it. It's so much work not to mention a waste of money for $10-$15 profit maybe? I can definitely see selling stuff that you might not need or use. Like a set of clubs or some of my sons games that we sold, but flipping a few modern coins, I just can't see it.

Sometimes you want to get rid of them to regenerate money 

or you know it is going to milk 

or you are not continuing that series 

or as u say it’s for feedback 

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15 minutes ago, fehk2001 said:

Sometimes you want to get rid of them to regenerate money 

or you know it is going to milk 

or you are not continuing that series 

or as u say it’s for feedback 

Well well, make me feel stupid again why don'tya. I sleep in a mattress filled with gold and silver and light my cigars with Benjamins! I guess that's why I didn't realize people would sell to "regenerate money", but I speak crazy so I understand you. :D

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Wow those are some great replies!!!... thanks... if I take the whole lot I get them just a few cents over spot.. but I have to take all of them... I'm not really into kooks si I wouldn't mind picking them up and get 20 bucks in profits... but 999magnum is right, if I have to change the capsules it might just be too much work for 20 bucks... thanks for your feedback.

 

Kooks are varied dates.. don't remember which ones at the top of my head.. but getting them so close to spot really caught my attention

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39 minutes ago, fehk2001 said:

We are talking about capsules aren’t we ? 

Its like condom , if the condom bust just get another one and get on with it :lol:

You are scarring the ounce of innocence left in me. Please God make it stop!!!

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3 hours ago, PuraPlataPura said:

Hello guys,

I went to my LCS and, to my surprise, they had some kooks on their display. It's a lot of 10 but some have very distinguishable scratches on the capsules. They are willing to give me a good price on kooks so I might be coming back today to get them. My question is. Should I replace the damaged capsules with some after-market ones or should I just leave them in their original mint capsule? I do not plan to hold them for my collection, I would rather flip them.

I also have a 2 oz Proof libertad that has some scratches on the original capsule. Would you guys replace the original or just leave it as is even with some scratches? I know proofs display higher quality than a regular bullion coin, but idk if original packaging is as important for them to keep their value.

Thank you

As long as you checked the damage is only on the capsules, not the coins - get them! Close to spot for older kooks is a great deal. A lot more than $20 gain in the future, as well, even if they aren't the "hottest" years. Hard to give exact advice without knowing the particular years (for the capsule thing i mean. Get them, regardless).

If any are in the old square capsule, leave them alone. But if the regular round Perth capsule, have no worries about replacing them. It's absolutely fine, collectors do that often when needed. Lots of online dealers carry stock of original Perth capsules for sale. Worth doing too, sometime in the future before you sell on, if they are badly scratched capsules. Impressions are important to a future buyer looking at what you have, i.e. it says a lot about how you, the seller, looks after his coins.

Same goes for the 2oz lib. Yes, replace the capsule. Again, they are easy to source.

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